Target posts decline in key sales metric for September but tops analyst estimatesOctober 8th, 2009 Target September sales metric beats estimatesMINNEAPOLIS — Target says a key sales measure dipped 1.7 percent in September but beat analyst estimates. The result led the discount retailer to predict third-quarter earnings per share above Wall Street's forecast.
September retail sales improve but some barely match 2005, SpendingPulse reportsOctober 6th, 2009 September retail sales improve but still weakNEW YORK — U.S. retail sales figures from a key data service show signs of a rebound in September from last year's deep plunge.
Porsche Cars North America September sales rise 8 pct, a 2nd consecutive monthly increaseOctober 1st, 2009 September Auto Sales: Porsche Cars North AmericaATLANTA — Porsche Cars North America Inc. said Thursday its September auto sales rose 8 percent, the second month in a row Porsche reported a rise.
Summary Box: Retail sales jump in August, but increase may be temporarySeptember 15th, 2009 Summary Box: Retail sales jump in AugustSPENDING REBOUNDS: The Commerce Department said retail sales rose 2.7 percent in August, the most in more than three years. A spike in auto sales, spurred by the Cash for Clunkers program, and higher gas prices drove the increase.
Apparel chain sales results for AugustSeptember 3rd, 2009 Apparel chain sales results for AugustNEW YORK — Summary of comparisons of August sales at established apparel stores against August 2008. Abercrombie & Fitch Co.
Retail sales comparisons for August at a glanceSeptember 3rd, 2009 Retail sales comparisons for August at a glanceAs shoppers limited back-to-school purchases in August, upscale retailers suffered while some lower-priced chains showed signs of improvement and that the holiday season could be less dismal than feared. Here is how August sales at 30 chains compared with August 2008:
— Apparel stores
Abercrombie & Fitch Co.
Correction: Story on retail sales and the economyAugust 14th, 2009 Correction: Story on retail sales and economyWASHINGTON — In an Aug. 13 story about July retail sales, The Associated Press reported erroneously that Wal-Mart Corp.'s second-quarter earnings fell.
Summary Box: Retail sales drop unexpectedly as consumers keep wallets closedAugust 13th, 2009 Summary Box: Unexpected drop in retail salesWHAT HAPPENED?: Retail sales fell unexpectedly in July, while first-time claims for jobless benefits rose slightly last week. The reports raised concerns about the ability of consumers to fuel a broad economic recovery.
Retail sales likely rose again in July, boosted by the Cash for Clunkers car programAugust 13th, 2009 Ahead of the Bell: Retail SalesWASHINGTON — Retail sales likely rose again in July, boosted by the government's popular Cash for Clunkers program. Economists surveyed by Thomson Reuters expect retail sales rose 0.7 percent last month after a 0.6 percent increase in June.
Euro-zone retail sales fall 0.2 percent in JuneAugust 5th, 2009 Euro retail sales fall 0.2 pct in JuneBRUSSELS — The European Union says retail sales in the 16 nations that use the euro fell 0.2 percent in June from a month earlier, showing that consumers are wary of spending as unemployment hits a 10-year high. Shoppers cut back spending both on daily essentials such as food, drink and tobacco and on non-food items such as clothing, electronics and medicines.
German retail sales down 1.6 percent on year in June, 2.1 percent in 1st halfAugust 3rd, 2009 German retail sales down 1.6 pct in JuneBERLIN — German retail sales were down 1.6 percent on the year in June and dropped by a steeper 2.1 percent for the whole of the first half as the global crisis maintained its grip on Europe's biggest economy, an official estimate showed Monday. The Federal Statistical Office said that specialist food and drink retailers and department stores saw particularly steep falls in June, with sales declining by 5.6 percent and 7.3 percent respectively.
Survey: Most UK retailers say sales are falling this monthJuly 28th, 2009 UK retailers say sales dropping in JulyLONDON — Most U.K. retailers say that sales are declining in July, though grocery and shoe stores are bucking the trend with rising volumes, the Confederation of British Industry said Tuesday.
Euro zone retail sales down 0.4 percent in May as consumers remain reluctant to spendJuly 3rd, 2009 Euro zone retail sales down 0.4 percent in MayLONDON — Retail sales fell in May in the 16 countries that use the euro, in a further sign that consumers aren't optimistic about their future in the midst of a deep and widespread recession. Eurostat, the EU's statistics office, says retail sales in the euro zone fell by 0.4 percent from the previous month.
Ford analyst calls June industry's best month in '09; sales down less than 30 pctJune 29th, 2009 Ford analyst says June best month for sales in '09DEARBORN, Mich. — Ford Motor Co.'s top sales analyst says June was the industry's best month of the year, with sales falling less than 30 percent.
Wall Street falls in midday trading amid weaker-than-expected retail sales reportMay 13th, 2009 Weak retail sales send stocks lower; Dow off 170NEW YORK — Wall Street is falling sharply after the government reported weaker-than-expected retail sales in April. The market is putting a two-month rally on hold amid concern that an economic recovery won't come as fast as hoped.